$BTC /USDT Market Breakdown – Crash Below $100K Sparks Market Turmoil
Current Price: $99,729.06
24H Range: High $103,776.00 | Low $99,691.00
Volume: 21,878 BTC | $2.23B USDT
Overview:
Bitcoin has plunged over 3.6% in the last 24 hours, decisively breaking below the critical $100,000 level. This sharp decline signals a significant shift in market sentiment, with bearish momentum gaining strength.
Key Levels:
Support: $99,000 – A break below could open the door to $96,500
Resistance: $101,100 – Bulls need to reclaim this to regain control
Outlook:
Selling pressure dominates the current landscape. Without a swift recovery above $100K, a deeper correction is likely. Buyer confidence is shaken, and caution is advised moving forward.